Bangladesh’s foreign loans: Repayment to rise 63% in three years
The surge in disbursement of foreign loans and interest payments against them is pushing up the debt servicing requirement.
Finance
Thailand’s digital wallet scheme to start on May 1: Deputy Finance Minister
He also said the committee in charge of implementing the digital wallet scheme would hold a meeting within a week to determine the timeline of the scheme.
Bangladesh’s financial account deficit swells as outflows intensify
It comes despite a 20 per cent fall in imports in the first five months of 2023-24 while exports receipts rose at a snail's pace, loan payments outpaced fresh credits, and the gap…
Philippines’ debt bloated to record high P14.51 trillion in November 2023
Meanwhile, external borrowings sagged by 2.06 per cent or P94.15 billion month-on-month to P4.48 trillion as of end-November. The Treasury said foreign debts fattened by P273.84…
Philippines stock exchange resumes trading after over two-hour halt
The PSE did not provide a reason why trading was interrupted at 9:32 a.m. but said it would make further announcements. The benchmark stock exchange index opened 0.22 per cent…
Hong Kong starts consultation on proposed stablecoin regulations
The legislative proposal includes introducing new legislation to implement a licensing regime requiring all fiat-referenced stablecoin issuers that meet certain conditions to be…
Philippine government unveils P585-B local borrowing plan for Q1 2024
Broken down, the Bureau of the Treasury will borrow P75 billion via T-bills in January, with five auctions scheduled for the month. In February, the government lined up four…
Bangladesh falls behind peers in wooing non-resident deposits
The country has a stock of $1.34 billion as deposits from non-resident Bangladeshis. Pakistan has a stock of $3.7 billion.
PM Manet secures ‘notable’ MoUs during Japan trip
During the meeting, Manet and Kishida also exchanged views on bilateral ties and close cooperation, as well as demining training for demining specialists from Ukraine.
Korea’s big 5 banks brace for losses from foreign real estate projects
The potential risk of suffering losses in overseas real estate investments comes amid a slowdown in the global property market following persistent high rates.